Cloud-Based Music Services Are Expected to Have a Major Impact

question 83

Multiple Choice

Cloud-based music services are expected to have a major impact on the mobile music business.The reason for their popularity includes all of the following except:

• A)they are a hybrid between subscription and online store business.
• B)this new approach addresses some of the shortcomings of the existing methods.
• C)they offer users a music locker "in the cloud."
• D)music services can be purchased from a variety of mobile devices.
• E)the pricing schemes for various services are simple.

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Definitions:

Flexible Budget

A budget that shows the expected results of a responsibility center for several activity levels.

Static Budgets

Financial plans that remain unchanged over the budget period, irrespective of any variations in activity levels.

Master Budgeting

A comprehensive financial planning document that includes all of an organization's budgets for a specific period.

Budget Preparation

The process of creating a plan that estimates the revenue and expenses for a future period.